Is the BNY Mellon Strategic Municipal Bond Fund dividend safe?
At risk
BNY Mellon Strategic Municipal Bond Fund pays 4.8% a year while carrying heavy debt.
The numbers behind it
Dividend yield4.8%
Paid out of free cash flow59%
Paid out of profit33%
Debt in years of earnings5.7 years
How we decide
We look at how much of its free cash flow a company hands out. Under 60% leaves room, 60% to 90% is tight, and above 90% or heavy debt puts the dividend at risk.
More questions about BNY Mellon Strategic Municipal Bond Fund
Data as of Nov 13, 2026.